Careers and Jobs

Tecnotree to let 80 staff go

Finnish company Tecnotree (formerly Tecnoman) has announced that it will be seeking 80 redundancies from a total of 141 employees in Shannon. Staff cuts are due to the current economic conditions and a reduction in demand for its products and services. The company supplies business and operations support systems for telecom operators.

Aer Lingus cut 676 jobs.

Aer Lingus announced that it will cut 676 jobs in a bid to reduce annual costs by almost €100m before 2011. 489 jobs will be cut from amongst its pilots, cabin crew and ground staff. The other 187 jobs will be office operations by the end of 2011.

GE Money expected to cut 50 jobs

It is expected that 50 jobs will be lost at the GE Money based at Shannon as a result of a company restructuring. The company which employs 178 staff in Shannon is involved in the sale of financial products including insurance, mortgages, car and personal loans, financial brokerage and equipment finance leasing.

Microsoft has opened a datacentre in west Dublin which could create up t 35 jobs. Read the full story below courtesy of the IRISH TIMES.

Microsoft has opened a new “mega datacentre” in west Dublin to support growing demand for online services, the first such centre opened outside the US.

The centre is part of the company’s strategy to build its cloud computing capacity and network infrastructure to meet the demand generated from its Online, Live, and Cloud services, such as Bing, Microsoft Business Productivity Online Suite, Windows Live, and the Windows Azure platform.

The 303,000 square-foot facility represents an investment of $500 million. Microsoft representatives said up to 35 jobs could be created as a result of the new centre.

The company is not publicising the exact location of the centre, citing security reasons.

Speaking at the centre’s official opening, Taoiseach Brian Cowen said economy needed dynamic, innovative companies to help rebuild the economy.

“We envisage a high-value, export-led economy with companies creating the products and services of tomorrow and providing high quality employment for our people,” he said.

Microsoft International president Jean-Philippe Courtois said the opening of the new centre was a “milestone” in the company’s European investment and would provide critical infrastructure for local delivery of next generation online services for businesses and consumers.

The new services provided in the Irish economy by the centre will help drive efficiency and cost gains fro businesses here, Microsoft Ireland’s managing director Paul Rellis said.

“The opportunity that the cloud represents to cut costs and completely transform how information technology is run within organisations is something that could have a significant impact on the overall economic recovery efforts,” he said.

“A healthy indigenous business community will be at the heart of our future economic success. Already we have some of Ireland’s brightest innovators and entrepreneurs who are working with us through the BizSpark programme – engaged and involved with the cloud. I would encourage all organisations of all sizes to look at the potential that this new platform offers and to consider how they might take advantage of it within their own operations.”

100 new retail jobs across Ireland

Maxi Zoo will create 100 new jobs across the country as part of a major Eur10.0m expansion. The company is part of German Fressnapf group and began operating in Ireland when it opened its Ballincollig store in 2006.

The pet supplies firm is planning to open 20 new stores in this country over the next four to five years. The company currently has operations in Cork, Limerick and Longford. The first stores are due to open in Dublin and Kildare in November.

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Below is a summary of some recent jobs announcements across the country including Dublin and Cork regions. In total 700 new jobs were announced by 5 leading companies. Read more about new jobs in Cork, Newry, Dublin and nationwide.

SuccessFactors to create 40 new jobs in Dublin

A global provider of talent management software will establish its European Multilingual Business Centre in Dublin creating 40 high-value jobs in Ireland. The new centre will be located in Dundrum and will service customers in the small and medium-size markets.

Teleperformance to create 240 jobs in Dublin & Newry

French-owned call centre operator Teleperformance will create 240 jobs in Dublin & Newry to support grocery chain Sainsbury’s customer services. Earlier this year the company announced it was created 610 jobs at its customer contact centres in Newry and Bangor.

Olive Safety to create 100 new jobs in Cork

A Cork H&S firm plans to create 100 jobs over the next year, while 20 further posts will be created at a manufacturing company in Dublin. The company will initially employ 20 staff, growing to 100 over the next 12 months.

America Pacific Corporation (AMPAC-ISP Group) to create 20 new jobs in Dublin

America Pacific Corporation (AMPAC-ISP Group) to create 20 new jobs in Dublin over the next five years in Dublin following the decision to set up its European HQ in the city. AMPAC-ISP is one of Europe’s leading companies in the design and manufacture of mission-critical structural components for the European space industry.

Bord Na Móna is to create 300 jobs nationwide

This news comes of the back of a major new investment in green energy. The jobs will be created in a range of areas in projects such as environmental solution, waste recovery and recycling and new investment in wind and gas power stations.

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I have been asked by a client for help to source a Fund Administrator. Below you will find the job description and contact details.

FUND ADMINISTRATOR – TRANSFER AGENCY – DUBLIN

Main Duties and Responsibilities
- Process telephone, fax and emailed subscriptions, redemptions, transfers, and switches for a range of onshore and offshore funds.
- Resolve dealing related enquiries by email and by telephone, supplying information relating to funds’ portfolios, prices, dealing procedures, markets and currencies.
- Liaise with local offices, clients and shareholders around the world.
- Processing paperwork for trades and related activity.
- Maintain shareholder register and investor files
- Process Dividend payments
- Prepare and distribute of shareholder statements and Investment Manager Reports.
- Distribute Interim and End of Year Financial Reports to Shareholders
- Ensure compliance with anti-money laundering procedures
- Reporting of Fund transactions to Fund Accountants
- Daily Reconciliation of Cash Accounts
- Timely resolution of audit requests

Required:
- Fully understand the dealing process and rules, particularly in respect of restricted funds and delayed deals.
- An understanding of investor related requirements
- To be organised and methodical in their approach to work with an eye for detail.
- To be proactive in sharing information with other team members and assisting others when necessary.
- Team player who will participate and contribute in team meetings.
- To be a self starter, enthusiastic, flexible and motivated to learn and develop as the department evolves
- Good interpersonal and communication skills and an ability to work on their own initiative.

Candidate Profile:

- Ideally, the candidate should have a minimum of 2 years experience within Transfer Agency.
- Computer literacy is essential, skilled in the use of Microsoft Excel and Word.
- Knowledge of varying fund types such as Retail Funds, Mutual and Hedge Funds.
- Third level / business school qualification desirable.

If you meet the exact requirements below please forward your CV to Recruitment@eu.FastnetGroup.com . NB: Please put CAREERS & JOBS – FUND ADMINISTRATOR in the subect box of your email.

BANKING JOBS, FUNDS JOBS, FUNDS CAREERS, FUND ADMINISTRATION JOBS, FUND ADMINISTRATOR, IRISH JOBS, DUBLIN JOBS, BANKING & FINANCE JOBS.

INTEL CUT 300 JOBS IN LEIXLIP

Intel has announced that they will be cutting 300 jobs at Leixlip in the form of compulsory redundancy. The company cited fall in demand for products as the key factor in the decision. This is a sever blow for the workers and poor timing for the government who are creating a pr mission on “smart economy” in Ireland

EXEMPLAR SMART NETWORK TO CREATE 350 JOBS

Examplar Smart Network will create 350 new jobs in Ireland. The high tech computer firm is designing a next generation communications grid. This news is part of the government plans to create 30,000 new jobs in a “smart economy” within the next decade.

370 JOBS AXED AT ELEMENT SIX IN SHANNON

WHAT DOES THE FUTURE HOLD FOR HALIFAX IN IRELAND?

450 jobs at risk at CIT but businesses are less pessimistic

A report out by KBC banks indicates that many Irish employers feel we are over the worst of the recession. This assessment was released as a cloud hangs over CIT Group with a subsidiary employing 450 staff in Dublin

Newspapers report that up to 450 jobs at the Dublin subsidiary CIT are at risk if the parent firm cannot convince the government in the US that it should receive debt guarantees to support survival.

KBC Bank found that businesses in general are less pessimistic about the future and are expecting to cut fewer jobs in the coming months. Green shoots in US and UK are the main factors behind the positive sentiment.

Accuris creates 27 new jobs in Dublin

More IT Software Jobs on the way for Dublin. Accuris will invest EUR1.5 million in R&D and will create 27 new high-value software jobs over the next three years. This development is another enterprise ireland backed initiative.

Accuris develops roaming and convergence solutions to telecoms operators worldwide and currently has a team of 51 people across its offices in Dublin, Malaysia and the US.

The new announcement was part of a greater 4 year strategy by EI to develop the software sector in Ireland.

More green shoots?

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All the recent talk of “green shoots” but could we actually be witnessing the first signs of spring ….

Alcatel-Lucent has asked the Government for grant assistance for an expansion of its Bell Labs research unit. Dublin is one of the cities being considered for the expansion. The decision on the location of the project will be taken in the next few months. A positive decision for Dublin could see the establishment of an international centre of excellence for basic research.

Randox will boost R&D capabilities at its Antrim facility with a STG9.2m investment package. The company specialises in clinical diagnostics and has pioneered the development of innovative biochip analysing technology.

Boston Scientific will invest EUR21.7m in a R&D and innovation project at its Cork plant.

Newspapers today have reported some positive jobs news for Dublin and Meath. A total of 38 new jobs will be created in Dublin and Meath as a result of two new announcements.

Printing tool company Wetzel Holding a printing tool company is to create 25 jobs over the next five years in Co Meath at its base in Clonee. The EUR5 million technology production operation as part of the growth of a research and development initiative.

In Dublin Sophis Group, a financial software developer, will create 13 new jobs as part of a EUR1.7 million investment in its research and development facility.